"Comrade Jia Yapeng, after our discussion, in consideration of recovering the cost for the people as soon as possible and reinvesting the funds into the more important construction of the country, we have agreed after discussion that as long as you purchase more than 10 units of housing, we can give you a 10% discount. If you buy more than 100 houses, you can get a 20% discount. If you buy more than 200 houses, we can give you a 30% discount! "
The leader sat down with Jia Yapeng and announced the results of this morning's meeting with a smile. "If you buy more than 500 houses, we can give you a 40% discount. If you buy more than 1000 houses, we can give you a 50% discount!"
"A 40% discount for 500 houses!" Jia Yapeng's eyes lit up. It was impossible to buy all of them, but if there was a 40% discount, it was not impossible to buy 500 houses.
The price of 180,000 yuan per house added up to 90 million yuan. If there was a 40% discount, it would be 54 million yuan. At this time, Jia Yapeng had accumulated another 50 million yuan of liquid capital after more than two months of accumulation. If there was another 4 million yuan, he could buy 500 houses in one go.
"Brother, do you have 4 million yuan?" Jia Yapeng whispered to Chen Liren behind him.
"No!!" Chen Liren immediately shook his head frantically. Damn it, if Jia Yapeng wanted to go crazy, then go crazy. Don't drag me down with you!
"Then it seems like I can only buy 400 houses!" Jia Yapeng shook his head. 400 houses could only be sold at a 30% discount. These houses would be worth tens or even hundreds of times in the future. How could he not buy more?
"Boss Jia, I think you should buy 200 houses. After all, you still have a business to run. Don't neglect the essentials!" The leader said with a smile.
"Wait, let me think about it!" Jia Yapeng began to calculate in his heart. Although he had 50 million yuan, the company needed money in all aspects. There was also the 4WD project to start. He had to keep at least 10 million yuan to ensure that there was enough liquid capital. Then, he could only use 40 million yuan to buy houses.
In that case, it seemed that he could only buy 400 sets. But it was really a loss. Such a good opportunity, if he missed it, it would be gone!
"Sir, may I ask if I can apply for a loan for these houses?" Jia Yapeng suddenly asked.
"Jia Yapeng, you're crazy! I need a loan to buy a house!! " Before the leader could say anything, Chen Liren, who was standing behind him, exploded. "Are you crazy? Do you know how much debt you're going to incur? Do you know how high the interest rate is? Even the cheapest one has an interest rate of 8.1%. Is your money falling from the sky? Just give it to the bank!! "
Compared to the 20-year 4.5%, the 90-year mortgage interest rate was ridiculously high. The mortgage interest rate was 8.1%, which was more than double.
However, although the interest rate was twice as high, it was insignificant on a house that was only 1,800 yuan per square meter.
Despite Chen Liren's strong objection, Jia Yapeng still insisted on asking the leader again.
"Leader, will the bank approve my loan for a few hundred houses? If it's not approved, then forget it! " Jia Yapeng's meaning was obvious. If the bank was willing to approve the loan, then he planned to buy 500 sets. If the bank didn't approve, then he could only buy within his ability.
"This … I have to ask!" Hua Xia had implemented a mortgage policy as early as 1988. The mortgage itself was definitely not a problem. However, the problem was that Jia Yapeng wanted to apply for a mortgage for 500 houses at one go. This made the leader uncertain!
Hence, the leader called a friend of his in the bank and told him about this matter. As a result, the bank president slapped his thigh and said, "Approve it, why wouldn't I approve it? Wait for me, ask the boss to wait for me. I'll bring people over now and settle this matter on the spot!"
This bank president came quite quickly. In half an hour, he brought four or five people and rushed over. He started to process the mortgage business for Jia Yapeng on the spot.
In the 90s, there was no such thing as limited purchase. The bank's task for the mortgage was very stressful because loans were the most profitable.
The country's task and pressure were very heavy. There were also targets between each branch. If the target couldn't be met, there would be no performance. Without performance, they could only stand aside.
Therefore, when he heard that someone was planning to apply for a mortgage for 500 houses, which involved an amount as high as 54 million yuan, the bank president brought people over on the spot.
If it were other loans, the bank president wouldn't be so anxious. On the contrary, he was somewhat reluctant. He had to send people to carefully investigate the whole situation. What if the other party maliciously cheated the loan?
Or if the other party didn't have the ability to repay, then it would be useless to just go to jail.
If there were bad debts and bad debts, then it would fall on his head!
But a mortgage was different because a mortgage first required a 50% down payment. Secondly, the house would also be in the hands of the bank. If the other party really couldn't repay the loan, then the house would be owned by the bank!
In fact, now everyone knew that the house would definitely appreciate in value after a few years. Therefore, for the bank, only spending 54 million yuan to get a house worth 90 million yuan was definitely a profitable business. They even hoped that the other party would default and have no money to repay the loan. In this way, the house would fall into the hands of the bank and they would earn more!
Therefore, when the bank president heard that someone was planning to apply for a mortgage for 500 houses, how could he not be anxious? He planned to use the fastest speed on the spot to directly complete all the loan procedures in front of Jia Yapeng. Then, Jia Yapeng couldn't refuse the loan even if he didn't want to.
"President Jia, let me confirm with you now. You are planning to apply for a mortgage for 500 houses, right?" The bank president asked cautiously with some expectations.
"That's right!" Jia Yapeng nodded.
"Okay, the total price of 500 houses is 54 million yuan. According to the state's housing loan regulations, the down payment can't be less than 50%. Are you sure you have 27 million yuan to pay for the mortgage?" The bank president said carefully, "As long as you have the cash and your company's monthly income is more than 1 million yuan, then we can help you with this business!"
"Just 27 million yuan is enough!" Jia Yapeng's eyes lit up. He thought that he would have to spend all of his 40 million yuan. He didn't expect that there would be 13 million yuan left. Jia Yapeng was about to agree on the spot.
But just as Jia Yapeng was about to speak, his heart skipped a beat.
That's not right. If I don't spend the 13 million yuan, then I won't be able to use it in a short period of time. I won't be able to earn much interest if I leave it in the bank. Instead, I will be at a disadvantage. If I use the 13 million yuan to pay the down payment, then I can directly pay the down payment for 740 houses!
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